POLSCI 190 Lecture Notes - Lecture 3: Pell Grant, Bipartisan Campaign Reform Act, 111Th United States Congress
Document Summary
Bipartisan campaign reform act (bcra) of 2002 amended campaign finance law. Bans national partie1s, federal candidates, and officeholders from raising soft money in federal election. Prohibits corporations and unions from using their treasury funds to air broadcast ads referring to clearly identified candidates within 60 days of a general election or 30 days of a primary or caucus. Corporations and unions can use money to air political ads and make related purchases explicitly advocating for a against the election of a candidate. Some attempts for more disclosure about corporation and union spending have been made in congress. Prohibition of soft money in federal elections is intact. Permits unlimited contributions supporting expenditures advocating for or against a candidate. The disclosure act was passed in the house during the 111th congress. Requires additional information about the flow of money among various donors. Election spending 2016: outside groups outspend candidate and parties in key senate.